Flexible Intermediate Bulk Container Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Market Growth and Forecasts for 2021-2025
Flexible intermediate bulk container market is set to post an incremental growth of $ 1.65 bn during 2021-2025. The market will progressing at a CAGR of 6.33% during the forecast period. Our analysts provide a detailed understanding of the market focusing on the latest trends, and drivers that are likely to impact growth. This analysis will enable business leaders to strategize and plan for further growth of their business.
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Flexible Intermediate Bulk Container Market: Market Segments and Key Trends
This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth. The market is segmented by End-user (Chemical, Food, and Others) and Geography (APAC, North America, Europe, MEA, and South America). 37% of the market growth will originate from APAC during the forecast period. However, volatility of raw material prices is one of the challenges that will need to be overcome to drive growth.
Flexible Intermediate Bulk Container Market: Leading Factors to Drive Market Growth
The High demand for FIBCs from construction industry is one of the primary factors that will drive the growth of the flexible intermediate bulk container market. This report provides a detailed study of this and all the other drivers that are likely to boost the market growth. For a deeper understanding of this market request our FREE Sample Report. Our analysis will help the client to prepare for recovery and growth post the havoc caused by the pandemic.
Vendor Analysis: Berry Global Group Inc., Bulk Lift International LLC and Global-Pak LLC are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Berry Global Group Inc., Bulk Lift International LLC, Global-Pak LLC, Greif Inc., Intertape Polymer Group Inc., LC Packaging International BV, Plastipak Group, RDA Bulk Packaging Ltd., Shenzhen Riversky Packing Materials Co. Ltd., and Taihua Group are some of the major market participants.
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Flexible Intermediate Bulk Container Market: Key Highlights of the Report for 2021-2025
The report provides insights into the following FAQs: